Question # 1

Due to export trade

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Increase in employment opportunities

Increase in foreign exchange

Relations with other countries establish

All of the above

Due to export trade:

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Increase in employment opportunities

Increase in foreign exchange

Relations with other countries establish

All of the above

How many step in procedure of export trade

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21

22

23

24

The methods of selling goods in foreign countries

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Personal visit

Travelling agents

All of the above

When both the parties are satisfied with the performance of each other then their deal comes to an end are called

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End of deal

Securing payment

Delivery of documents

Dispatching the documents

If the goods and services are sold to the trader pf another country then it is called

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Import trade

Export trade

Foreign trade

None of these

How many types of an indents

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2

3

4

5

Which documents are prepared by the exporter after the settlement of affairs are

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Invoice

Consular invoice

Certificate of origin

All of them

Who does accept and indent:

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Exporter

Importer

Government

None of these

Export trade includes all the activities, which are performed in sending goods from one country to another country is called

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Import trade

Export trade

Foreign trade

None of these

The methods of selling goods in foreign countries:

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Personal visit

Travelling agnets

All of the above

The indent is also called:

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Marine insurance policy

Inquiry letter

Bill of lading

None of these

What is prepared by the exporter on the settlements of matters:

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Invoice

Consular invoice

Certificate of origin

All of these

Who does accept an indent

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Exporter

Importer

Government

None of these

If the price and quality of goods alongwith other factors are decided before the execution of order then it is called

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Close indent

Open indent

Both a and b

None of these

How many methods of selling goods in foreign countries

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5

7

8

9

What is prepared by the exporter on the settlements of matters

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Invoice

Consular invoice

Certificate of origin

All of these

The indent is also called

Choose an answer

marine insurance policy

Inquiry letter

Bill of lading

None of these

If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called

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Open indent

Close indent

Both a and b

None of these

State the procedure or steps of exporting goods are

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Obtaining and acceptance of indent

Registration

Obtaining license

All of these

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Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test MCQs With Answers

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